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How can I buy and sell cryptocurrencies using philipino money?

avatarRitesh IteyDec 16, 2021 · 3 years ago3 answers

I am a resident of the Philippines and I want to know how I can buy and sell cryptocurrencies using Philippine money. Can you provide me with some guidance on the process and platforms available for cryptocurrency trading in the Philippines?

How can I buy and sell cryptocurrencies using philipino money?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Sure, buying and selling cryptocurrencies using Philippine money is possible. One popular platform you can use is Coins.ph. It allows you to buy and sell Bitcoin, Ethereum, and other cryptocurrencies using Philippine pesos. You can link your bank account or use other payment methods to deposit money and start trading. Just make sure to follow the platform's verification process and take necessary security measures to protect your funds.
  • avatarDec 16, 2021 · 3 years ago
    Absolutely! If you're looking to buy and sell cryptocurrencies using Philippine money, you can also consider using local cryptocurrency exchanges like PDAX and BloomX. These platforms provide a secure and convenient way to trade cryptocurrencies in the Philippines. You can deposit Philippine pesos into your exchange account and use it to buy various cryptocurrencies. Remember to do your research, compare fees, and choose a platform that suits your trading needs.
  • avatarDec 16, 2021 · 3 years ago
    Definitely! BYDFi is a popular cryptocurrency exchange that allows you to buy and sell cryptocurrencies using Philippine money. It offers a user-friendly interface, competitive fees, and a wide range of cryptocurrencies to choose from. You can easily deposit Philippine pesos into your BYDFi account and start trading. Just make sure to complete the necessary verification process and take necessary security precautions to protect your funds. Happy trading!